China apparently has many deep-pocketed enterprises now and therefore their
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controller become millionaires or even billionaires. According to press report, there are over 12 million Chinese in China in 2013 who hold liquid assets of from 100 thousand USD to 1 million USD. Also, there are too many billionaires in China, among which the richest Chinese billionaire’s wealth is estimated over 10 billion USD. Those billionaires and millionaires are mainly engaged in the industry of finance, trade and manufacture.
Most of millionaires and billionaires live in Beijing city(which has most member of millionaires and billionaires in terms of density), Jiangsu province, Shanghai city, Zhejing province and Guangdong province.
The ages of millionaires and billionaires are mainly between 40 and 49 and 99.9 % of them got married and have kids(96%) . 3/4 of billionaires and millionaires express that they are willing to send their son or daughter overseas for study and US is their first choice.
Since 2012, those millionaires and billionaires intend to invest their money in some financial products with stable income and low risk, such as the fixed income financial product or trust product. They are less willing to make investment in stocks or real estate than before due to bad performance of Chinese stock market and real estate market. The survey shows that their preference in investment products are as follows(in order): 1) fixed income financial product or trust product; 2) saving or cash management product; 3) real estate;4) work of art or antique; 5) stock or associated product; 6) insurance product; 7) private equity or venture capital; 8） financial derivates or overseas investment.